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HPool Developed And Upgraded By Alex Yang Emerged As The Top POC Mining Pool Within Four Years

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5 years ago

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Alex Yang, a Singapore-based entrepreneur, founded HPool, a POC mining pool which emerged as the top POC mining pool in just four years. Alex recently discussed how the POC mining pool is shaking up the blockchain industry at a press conference. He stated that after carefully comparing and studying the various verification methods of the consensus algorithm, he found that both the POW and POS are not working, and only POC can trigger the most primitive spirit of BTC. By making equity investment, Wanxiang blockchain labs helped Alex to create a near-monopoly project in the POC field – which he named HPool. The POC mining pool was later upgraded by Alex and his team.

The role of the mining pool is to allow miners to concentrate their computing power and share the computing power income so they can obtain a more stable income per unit of time. This has great significance to build consensus in a decentralized network. Large miners can calculate a stable return, and small miners need not worry about not being able to obtain income on time in the competition with large miners, thus forming a virtuous circle. In other words, the role of the mining pool is to disperse scattered computing power, integrate it so that small computing power can get smooth income. It can be considered as a task distribution and revenue smoothing system for block generation.

User orientation has always been the principle of the crypto company since it was founded. In addition to the basic mining pool services it provides to users, it also has a user service system which includes online status monitoring, offline push notifications, joint pledge mining, etc. These can lower the barriers for ordinary users to participate. The complete user service made HPool popular in the market since it was established.

For a long time, HPool has been in the top few POC mining pools. In 2017, legendary programmer Bram Cohen had retired from BitTorrent’s great success, planning his next big move: Decentralized hard disk mining blockchain project: Chia. Three years later, his Chia has a close intersection with Alex’s HPool. From 2018 to 2020, HPool has been in a tepid state. An investment from Fenbushi capital, a well-known name in the industry, has further consolidated HPool’s leading position in the POC sector. Even though the market doesn’t have much enthusiasm for POC at this time, Alex’s enthusiasm remains the same. This comes from his belief in POC consensus algorithms and the technical logic behind them.

In April 2021, the price of Bitcoin reached $63,000. The market cap surpassed Amazon, Tesla, and Facebook, only after Apple and Google among those giants of enterprise. The value of Chia, a project that Bram Cohen has run for three years, has increased as well. Through the investment and support of CoinBase. The world’s only listed digital asset exchange, Chia quickly started a whirlwind among miners. From mining pools to individual miners, they all actively participated in this hard disk mining experiment. The reason behind this is very simple as well. In the beginning, Chia’s cost could be covered by its return in one week. This star project of POC has naturally drawn attention of Alex. He began to promote Chia in HPool’s mining pool. Due to the years of accumulated technical experience and the leading position in this industry, HPool has been chosen by most miners naturally as the link of their mining pool.

However, users reported in some forums that HPool was secretly deducting computing power, resulting in a decline in their earnings. At that time, HPool was the only mining pool with large computing power on the market. When Alex and the team discovered this problem, they studied the technical vulnerabilities and data broadcast therefore identified the problem. During this period, the HPool team began to work extremely hard to dispel rumors. They used simple words explaining to every miner and user the technical principles and computing power issues in major forums, media, and websites.

On the other hand, the popularity of Chia made the mining rigs difficult to buy. Some suppliers began to sell the mining rigs under the name of HPool, hoping to get more profits from it. Later, when the price of Chia dropped, they then pretended to be the official to publish radical articles, trying to lead their conflict of interest with the users to the official. This caused many miners who bought mining rigs to go to HPool, asking for an explanation and solutions. HPool has to explain to customers one by one. At the beginning of this incident, Bram, founder of Chia, chose to stand with the miners to criticize HPool, ask users do not use HPool because of the problem of stealing computing power.

Facing the crisis, Alex shared the latest technical knowledge with the miners, meanwhile dealt with the remaining problems of the mining rigs business. At the same time, he actively contacted Chia officials and provided all necessary materials, showing the fairness of HPool by the transparency. With Alex’s continuing efforts and the improvement of Chia’s mining ecology, the crisis was finally resolved. Miners found that HPool can get the highest profit compared to new mining pools, so most of the miners finally chose HPool. HPool withstood the test of the market. Since then, HPool has been firmly occupying the first position in the global ranking of POC and Chia mining pools.

In the near future, more mining pools will participate in the competition and share HPool’s market. But for Alex, clarification of various misunderstandings remains the top priority. Secondly, POC mining pools can bloom. Each mining pool has its own characteristics, there is no product that could satisfy everybody. Sufficient service providers of mining pools can bring positive competition to the industry therefore meet the different needs of various users better.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Beyond the $40 Billion RWA Headline: Drofa Comms × RWA Summit Report Identifies Four Challenges for 2027

Published

48 minutes ago

on

November 3, 2026

By

London, The United Kingdom, November 3rd, 2026, FinanceWire

The value of distributed tokenised real-world assets (RWAs) approached $40 billion by 13 October 2026, according to RWA.xyz. At the beginning of the year, though, it stood at approximately $21.5 billion, according to Binance Research. Yet, despite this near-doubling in value, the figures say little about how easily investors can trade these assets, use them as collateral or exercise their rights in cross-border transactions.

This divergence between issuance and real-world use is the outset for “Tokenise First, Figure It Out Later: The RWA Dilemma”, a new report from Drofa Comms in collaboration with RWA WEEK, organiser of RWA Summit Singapore 2026. Drawing on discussions at the 9 October summit, where Drofa Comms participated as a media partner of RWA WEEK, the report examines what it takes for tokenised assets to develop functioning markets, meet legal requirements and deliver measurable financial benefits.

Looking ahead to 2027, Drofa Comms identifies four indicators that offer a more useful measure of RWA market maturity than the total value of assets issued on-chain:

  • Secondary-market activity: Trading depth and turnover, alongside realistic opportunities for investors to sell tokens after issuance.
  • Institutional capital efficiency: Measurable reductions in pre-funding requirements and the ability to use tokenised holdings as collateral.
  • Legal certainty: Enforceable ownership and redemption rights, including workable arrangements for cross-border transactions.
  • Commercial sustainability: Repeat customer activity and revenues sufficient to support viable services.

The report scrutinises how regulatory requirements differ between jurisdictions, what it takes to develop genuine secondary markets and how tokenised assets may function as collateral. It also examines institutional and everyday payments, from reducing pre-funded balances through stablecoin settlement to connecting digital assets with payment cards.

“The RWA industry faces a test of maturity. As the value of tokenised assets grows, the question is how much of that growth translates into functioning markets, wider use by financial institutions and measurable economic benefits. Issuance figures alone cannot be the answer. At Drofa Comms, we believe that the industry’s development also depends on how openly companies address the challenges involved. Investors and financial institutions need enough information to assess both the opportunities and the limitations of tokenisation,” said Valentina Drofa, Founder & CEO of Drofa Comms.

Beyond investment products, the report also highlights how digital assets are already being used in traditional industries.

“Everyone is talking about the tokenization of financial products and real estate, but the real movement is happening in industries you probably wouldn’t expect. Think trade finance operators, the shipping industry, or precious metals mining businesses. They are already using stablecoins for cross-border transactions and understand why instant settlement is better than T+2.” said Ivan V. Ivanov, Founder of UVECON.VC, UVC GROUP and RWA WEEK commented on these developments.

The report draws on perspectives from speakers and experts affiliated with TRM Labs, Galaxy, Sygnum Bank, Nethermind, Spartan Group, Theoriq, Reap, KAST, Algebra / Theorem, Drofa Comms and other organisations.

Read the full report: https://www.drofa-ra.com/rwa-summit-singapore-2026-drofa-comms-rwa-week-report/

About Drofa Comms

Founded in 2011, Drofa Comms is a London-headquartered PR agency specialising in finance, fintech and blockchain communications. The agency has worked with more than 1,000 companies worldwide and has a team of over 30 professionals and advisers. Its proprietary initiatives include Women Leading the Way, Crypto Edu and Communicate Fintech.

About RWA WEEK and RWA Summit

RWA WEEK is an international industry initiative dedicated to real-world asset tokenisation and its applications in finance and business. Its Singapore 2026 edition included RWA Summit Singapore on 9 October, bringing together financial institutions, investors and digital-asset companies to discuss market developments, emerging use cases and barriers to adoption.

Contact

Drofa Comms
info@drofa-ra.co.uk

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Press Release

MELT Global Chooses Sharjah as Headquarters for Its Operations

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3 hours ago

on

November 3, 2026

By

SHARJAH, UAE, November 3rd, 2026, As part of its efforts to strengthen strategic partnerships and expand cooperation with global companies, Sharjah Asset Management, the exinvestment arm of the Government of Sharjah, has signed a Memorandum of Understanding (MoU) with MELT Global to strengthen collaboration and explore new opportunities that support the shared priorities and objectives of both parties. The agreement reflects Sharjah’s appeal as an investment destination and reinforces its position as an economic hub offering an integrated business environment that supports the establishment, growth and regional expansion of businesses.

The MoU was signed by H.E. Dr Waleed Al Sayegh, Chief Executive Officer of Sharjah Asset Management, and Steve Harvey, Owner and Founder of MELT Global, in the presence of representatives from both parties.

The MoU outlines MELT Global’s plans to relocate its regional headquarters to Thara, the latest development owned by Sharjah Asset Management in the emirate. This step reflects both parties’ commitment to expanding their cooperation and capitalising on available opportunities and potential, supporting their future ambitions and opening new avenues for collaboration.

The move also reflects MELT Global’s confidence in Sharjah’s competitive advantages, including its attractive investment environment, advanced infrastructure, and integrated operational capabilities and logistics services, which cater to businesses’ needs, enhance operational efficiency and support their expansion.

H.E. Dr Waleed Al Sayegh said: “At Sharjah Asset Management, our investment vision is centred on developing assets and enhancing their ability to attract economic activities and strategic partnerships, creating new growth opportunities and maximising the value of our projects. We are also committed to building high-quality partnerships that attract expertise, open new avenues for cooperation and foster integration across different sectors.

“We welcome this partnership with MELT Global and look forward to its presence at Thara adding value to the business ecosystem. We believe this MoU will create new opportunities for collaboration and the development of joint initiatives that fulfil both parties’ ambitions and support sustainable growth. This aligns with our vision of developing sustainable investments that contribute to diversifying Sharjah’s economy and strengthening its presence across the business, media and creative industries.”

The MoU reflects both parties’ commitment to building a sustainable collaborative relationship, leveraging their respective expertise and capabilities, and exploring strategic opportunities to develop joint areas of work and initiatives that deliver added value to both sides. It also forms part of their broader efforts to strengthen effective partnerships and maximise synergies, supporting further development and growth opportunities while deepening cooperation across areas of mutual interest.

MELT Global’s decision to choose Sharjah reflects the emirate’s strong economic and investment fundamentals, which reinforce its position as a centre for business and investment. This is underpinned by the diversity of its economic sectors, the development of its infrastructure and operational capabilities, as well as the availability of logistics services and business support solutions.

Sharjah also offers an environment that enables companies to capitalise on available opportunities, build relationships and establish partnerships that support the development of their activities and strengthen their presence in regional markets. Together, these advantages make the emirate an attractive destination for global companies seeking to establish operations and expand their business from Sharjah.

The selection of Thara to host MELT Global’s regional headquarters reflects the project’s ability to provide a business-friendly environment, supported by integrated facilities, services and operational capabilities. The company’s presence at Thara will also contribute to diversifying the range of activities hosted by the development, while creating opportunities for engagement and collaboration with organisations and institutions operating across the emirate and the wider region.

The MoU underscores both parties’ commitment to continuing to build sustainable strategic partnerships, leverage complementary expertise and capabilities, and explore new avenues for cooperation. This will contribute to creating added value for both parties, supporting development and growth, and further strengthening Sharjah’s position as an attractive destination for investment and business.

About Sharjah Asset Management

Sharjah Asset Management is the investment arm of the Government of Sharjah. It seeks to advance economic and social development and accelerate the emirate’s sustainable economic growth through partnerships with the public and private sectors, encouraging investment and promoting corporate social responsibility. This is achieved through the optimal use of resources, addressing the needs of the Sharjah community and ensuring sustainable well-being.

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Press Release

Made By WiFi Publishes a Free Year-End Guide to Help Offices Check Their WiFi Before Budgets Are Set

Published

3 hours ago

on

November 3, 2026

By

The six-step guide takes office managers and IT leads through a coverage, equipment and security audit, a site survey, and a budget request.

Long Island City, New York, United States, 3rd Nov 2026 – Made By WiFi, an enterprise wireless and event WiFi company, today published a free six-step guide that helps office managers, IT leads and operations teams review their office WiFi while budgets for the coming year are being planned.

Office WiFi is easy to ignore until it fails, but budget season is when it is easiest to fund. A written list of what is actually wrong, such as a conference room that drops calls or an access point that has been running since before the last office move, carries far more weight in a budget request than a general complaint that the network is slow.

The guide, “Year-End WiFi Checklist for Your Office,” breaks the review into six steps. The first four are a self-audit that a small office can complete in an afternoon: walking the space to note where the signal fails, taking stock of equipment and WiFi standards, checking security and guest access, and finding out who owns and monitors the network. Step five is a wireless site survey, which turns those observations into measurements. Step six puts the findings into a budget request.

The guide also explains why timing matters. Once a budget is set, new spending has to be justified against items already approved. A survey, a written recommendation, approval and installation each take time. And equipment bought without a survey tends to leave some rooms with too many access points and others with too few.

A site survey from Made By WiFi measures signal strength, coverage and interference, and produces a written report with coverage heatmaps, recommended access point positions and an equipment specification. The report is delivered in an industry-standard format and can be taken to any installer. Surveys are done on site in New York and New Jersey and remotely for businesses anywhere in the country. Businesses that are not ready for a survey can use Made By WiFi’s wireless network consulting for an independent view on what to do next.

The full guide is available at https://madebywifi.com/blog/year-end-office-wifi-checklist/. 

About Made By WiFi

Made By WiFi designs, installs and supports enterprise wireless networks and provides WiFi for events. Since 2017, the company has helped businesses get reliable connectivity in offices, warehouses, hotels, healthcare facilities and temporary event spaces, with recommendations based on what each environment needs and not on a preferred brand. Hands-on work is delivered in New York and New Jersey, while wireless site surveys and 5G hotspot kit rentals are available to businesses across the United States. Learn more at https://madebywifi.com.

Media Contact

Organization: Made by Wifi

Contact Person: Alex Yakubov

Website: https://madebywifi.com/

Email: Send Email

Contact Number: +19177798071

Address: 40-09 21st St Suite 317, Long Island City, NY 11101

City: Long Island City

State: New York

Country: United States

Release id: 50446

View source version on King Newswire:
Made By WiFi Publishes a Free Year-End Guide to Help Offices Check Their WiFi Before Budgets Are Set

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